Lennar Completes Acquisition of Rausch Coleman Homes
Provided By PR Newswire
Last update: Feb 10, 2025
MIAMI, Feb. 10, 2025 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B, "Lennar") announced today the completion of the previously announced acquisition of Rausch Coleman Homes, a residential homebuilder based in Fayetteville, Arkansas ("Rausch Coleman"). Lennar acquired Rausch Coleman's homebuilding operations, which delivered approximately 5,300 homes with an average sales price of about $230,000 in calendar year 2024. Millrose Properties, Inc. (NYSE: MRP, "Millrose"), a recently spun-off subsidiary of Lennar, acquired Rausch Coleman's land assets and Lennar has options on the land.
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